Wednesday, October 25, 2017 10:05:52 AM
This company is almost maxed out on shares. They have their business license registered in Delaware where you pay 180,000 in fees every year and then more based on the number of shares O/S. They will not be raising the AS any time soon IMO.
Also, and the biggest reason…they didn’t file their 2016 annual report or their 2017 annual report and they owe over 316,000 in fees.
Big red flag. This will get worse before it gets better. They may have great technology but they have no money right now and can’t pay the bills so they are diluting the crap out of this stock. Too bad. Typical for the OTC though.
If anyone says they have an investment philosophy, remind them that a monkey picked a winning portfolio over a fund manager...then fling your poop at them.
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